A central conundrum of Nigeria’s past decade of 7% average annual GDP growth has been the consistent rise in unemployment, poverty and inequality of distribution of wealth. Although the conclusions of the rebasing exercise, unveiled in April 2014, lifted per-capita income from $1555 to $2689, this new accounting will no doubt sound hollow to the more than 60% of...
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Articles & Analysis | Nigeria tries to transform its challenging demographics from a liability into an asset from The Report: Nigeria 2015
Interviews & Viewpoints | Yemi Kale, Statistician General, National Bureau of Statistics (NBS): Interview from The Report: Nigeria 2015
Where did the most extensive changes in GDP contributors occur following the rebasing exercise?
Interviews & Viewpoints | Saratu Umar, Executive Secretary, Nigerian Investment Promotion Commission (NIPC): Interview from The Report: Nigeria 2015
In what ways have inflows of foreign direct investment (FDI) changed over the past five years?
Interviews & Viewpoints | Aliko Dangote, President and Chief Executive, Dangote Industries: Interview from The Report: Nigeria 2015
What impact do you expect power privatisation to have on the broader gas-to-power value chain?
Articles & Analysis | Nigeria's economy growing despite various challenges from The Report: Nigeria 2015
There is no shortage of superlatives to describe Nigeria. It is Africa’s most populous country, the continent’s largest oil producer and a top destination for foreign investment. As of April 2014, Nigeria is now the continent’s largest economy as well, as a result of an overdue revision in its GDP calculation.
Interviews & Viewpoints | Georg Wilfried Schmidt, Regional Director for Sub-Saharan Africa and the Sahel, German Federal Foreign Office: Interview from The Report: Nigeria 2015
What challenges do small and medium-sized enterprises (SMEs) face between West Africa and Europe?